The BEST Coins to Mine in 2023

The rapid growth rate of popular cryptocurrencies in 2021~2022 inspired the owners of electronic coins and surprised ordinary people far from the world of high technology. However, the most puzzled people in this situation were experts who, even in the most optimistic forecasts, could not foresee an intensive inflow of capital into a new market segment. Not to mention conservative investors when choosing promising cryptocurrencies for investment in 2023, one should not forget that digital assets are characterized not only by high profitability but also by a huge level of risk: in the history of even the most stable and reliable projects, there are cases of a rapid drop in quotations by tens of percentage points, followed by a long recovery over several months. 

Experts assume that the trend direction of the most popular types of digital money will not change in the new year, which will be facilitated by a drop in the level of confidence in the traditional banking system and government control methods. In addition, a significant inflow of speculative capital is expected in this area, which cannot but provoke a further increase in quotations. 

Therefore, today we will talk about the best cryptocurrencies to mine in 2023.

  1. Bitcoin(BTC)

Bitcoin (BTC) was first released in 2009 by Satoshi Nakamoto. Many more cryptocurrencies came after that–amounting to 8,389 at the time of writing–but Bitcoin remains dominant, where it occupies 67.1% of total cryptocurrency value.

Experts’ forecasts for this asset differ somewhat: some claim that the currency has already approached its maximum, while others believe that the existing growth potential will allow for 8-10 years to reach a rate of 50,000-75,000 dollars per token. 

In general, Bitcoin has repeatedly demonstrated the ability to recover even after major drawdowns. Bitcoin is still the most profitable coin to mine with ASIC.

2. Litecoin

Like Bitcoin, Litecoin is one of the oldest digital currencies that provide easy mining with lower hardware requirements. It is one of the best cryptocurrencies in terms of market capitalization. It is used as a payment method due to its low fees, fast confirmation times and general ease of use. It allows you to conduct business transactions anywhere in the world with less effort. ​the long-term stable operation of the system forces us to consider this currency as a reliable asset for profitable investment of money without risk.  With a capitalization of $9.98 billion, the volume of daily trading on exchanges has reached $964.64 million. The current rate is about $75 per token.

3. Dogecoin

Elon Musk’s favourite coin, as he says DOGE is even better than Bitcoin

Dogecoin is an open source peer-to-peer digital currency and one of the best ASIC mining coins that can be used for easy payments and purchases. This cryptocurrency helps you to mine effortlessly by completing mathematical equations and recording transactions. Now Bitmain Antminer L7 which is favored by Tesla president Elon Musk, can obtain two kinds of coins at the same time: Litecoin (LTC) and Dogecoin (DOGE).

4. Kadena(KDA coin)

Kadena is the industry’s only scalable layer-1 Proof of Work (PoW) blockchain. The principal feature that drives Kadena is scalability, which enables Kadena to deliver infrastructure-grade performance for any blockchain project. Along with our own smart contract language Pact, Kadena’s platform provides the world the tools and environment to turn ideas and ambitions into reality. Founded by Stuart Popejoy and William Martino who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee, Kadena aims to allow for true blockchain mass adoption

The top-performing year for Kadena was 2021 when the price of KDA increased by 7,824.92% from $ 0.155629 to $ 12.33. The worst performing year for Kadena was 2019 .when the price dropped by -72.76% from $ 0.709585 to $ 0.193275.

Although this is a controversial currency, we still think Kadena KDA have profitable ASIC miners readily available for mining their coins!

5. Nervos (CKB coin)

The Nervos CKB is the base layer of the Nervos Network with the highest security, decentralization, transaction cost and state storage cost. Just like how Bitcoin and Ethereum could scale off-chain with lightening network and plasma solutions, Nervos CKB also embraces off-chain scaling solutions and allow users to preserve and transact assets off-chain. When using off-chain solutions, users and developers can choose their own trade-offs between cost, security, latency and liveness properties.

If you would like to know more, please feel free to contact us.
Our official website, www.apextomining.com

 

 

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